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    7201 Sheridan St Hollywood, FL 33024

    For Sale
    $2,900,000

    High-Traffic Retail Center, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional retail property, located at 7201 Sheridan Street in Hollywood, Florida, presents a lucrative investment opportunity. Built in 1986, this established center boasts a diverse range of income-generating businesses operating within its walls. The property includes a gas station, a convenience store, a cafeteria, a car wash, an ATM, and a lottery retailer. The current tenants benefit from a beer and wine license, and the property operates on a 24-hour schedule, maximizing revenue potential. The property is situated in Broward County, Florida, with a zip code of 33024, offering excellent visibility and accessibility for customers. Its prime location in Hollywood ensures high foot traffic and consistent customer flow. The asking price for this turnkey retail investment is $2,900,000. This property represents a strong investment opportunity for those seeking a well-established, high-performing retail center in a desirable location. The diverse tenant mix and 24-hour operation contribute to a stable and consistent income stream. The property's existing infrastructure and established clientele provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a thriving retail center in a high-demand area.

    Property Features for 7201 Sheridan St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1986

    HighLights

    • Asking Price: $2,900,000
    • Property Type: Retail, built in 1986
    • Located at 7201 Sheridan St, Hollywood, FL 33024 (Broward County)
    • Includes gas station, convenience store, cafeteria, car wash, ATM, and lottery sales; beer and wine license; operates 24 hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car Wash - Auto ... Car Detailing Service Western Union Money Transfer Service ATM (Sheridan Gas ... Atm Chevron Gas Station

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2330929
    Latitude
    26.0318607

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    FAQs

    What type of property is this?
    Retail property - High-Traffic Retail Center, Prime Location
    Where is this retail property located?
    The property is located at 7201 Sheridan St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Asking Price: $2,900,000; Property Type: Retail, built in 1986; Located at 7201 Sheridan St, Hollywood, FL 33024 (Broward County)
    Request Owner's contact information
    7201 Sheridan St Hollywood, FL 33024
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    Hollywood, FL 33024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7201 Sheridan St Hollywood, FL 33024
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